Dell's AI server sales went vertical — ride the ripple into partner Palantir
Dell just reported that its AI server revenue exploded 757% higher than a year ago, sending the stock up over 30% in a single day. Palantir, which runs AI software on Dell's hardware through their 'AI Factory' partnership, jumped 10% as investors realized the partnership is generating real demand.
Idea
Dell's 757% year-over-year jump in AI server revenue proves that companies are spending real money on AI infrastructure — not just talking about it. Palantir is Dell's direct software partner in the 'AI Factory' initiative, meaning Palantir's platform is what runs on those servers. When Dell's hardware flies off the shelves, Palantir's software revenue should follow. Palantir only rose 10% versus Dell's 30%, so there could be catch-up room. The broader software rally (best month since 2001) adds a strong tailwind.